Capital

Editor’s note: This story is part of a series on the trends that will shape the industry in 2021. You can find all the articles on our trend line. After President Joe Biden’s inauguration on Wednesday and a run-off election in Georgia that gave Democrats control of the Senate, financial …

The Japanese co-owner of Australia’s newest coal-fired power plant has canceled its investment as the outlook for coal grows gloomy. The Sumitomo conglomerate and another Japanese company, Kansai, each own half of the Bluewaters power plant, which supplies around 15% of Western Australia’s electricity, after buying it for $ 1.2 …

ROME (Reuters) – Italy’s Treasury has taken another step towards approving a state guarantee for a € 6.3 billion ($ 7.1 billion) loan for Fiat Chrysler FCHA.MI Italian unit, a government source told Reuters on Wednesday. FILE PHOTO: The headquarters of Fiat Chrysler Automobiles (FCA) is seen in Turin, Italy …

Billions of dollars are being loaned at high interest rates to poor countries seeking help to cope with the impacts of climate degradation, according to a Oxfam report. The terms of the loan risk accumulating debt that will last a long time, according to the charity. Poor countries reportedly received …

SCROOGE payday lenders are targeting skint Britons with post-Covid Christmas loans at “tempting” interest rates of up to 1,333%. This cynical move has been condemned by critics because it comes just a day after reimbursements restarted on payday loans frozen for Covid-19. 1 Payday lenders target Brits with Christmas loans …

It’s a few weeks away from Christmas, and if you’ve watched any holiday movies, you know the world expects your home to look a certain way, your Christmas dinner to be perfect, and yes, you are. supposed to go too far, make the dreams of your loved ones come true …

PORTSMOUTH – Joe Biden has signaled throughout his campaign and now as president-elect the possibility of forgiving student debt, a move that could affect thousands of students at Shawnee State University. Originally a part of the Heroes Act of the United States House of Representatives, Biden supported federal payments of …

If you are one of the countless number of owner-operators who have taken on a SBA disaster loan in the spring of 2020 – generous terms and deferred payments were attractive carrots in these uncertain times – last month you may have been contacted by the SBA in what appears …

Senate Majority Leader Chuck Schumer (Photo by Jemal Countess / Getty Images for Green New Deal … [+] Network) Getty Images for the Green New Deal network Some Democrats in Congress want you to get $ 2,000 stimulus checks every month until the Covid-19 pandemic is over. Here’s what you …

If the UK government is serious about reversing the downward trend in homeownership, it must do more than timid collateralization on a small subset of loans announced in this week’s budget. The UK mortgage guarantee program, which is designed to bring borrowers up the housing ladder, follows the proven model …